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An update from Prudential ( (GB:PRU) ) is now available.
Prudential plc has repurchased over one million of its own shares on the London Stock Exchange, as authorized by its shareholders at the 2024 Annual General Meeting. The company intends to cancel these shares, reducing the total number of shares in circulation, which could potentially influence shareholder value and voting rights. This transaction was conducted in compliance with regulatory guidelines and is part of Prudential’s strategic management of its capital structure.
More about Prudential
Prudential plc operates in the life and health insurance and asset management sectors, serving 24 markets across Asia and Africa. The company is focused on being a trusted partner and provider of financial and health solutions. Prudential has its primary listings on the Hong Kong and London Stock Exchanges, with secondary listings in Singapore and New York.
YTD Price Performance: -21.38%
Average Trading Volume: 11,244,233
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £18.04B
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.